Direct answer
The builder generally carries coverage for its construction risk while it owns and builds the home. The buyer needs acceptable homeowners coverage in force for the mortgage closing, and flood coverage when required. Quoting may be easier once the property details and anticipated completion are established.
Begin the insurance review early enough to identify cost or eligibility issues, then update the quote with the completed home's features, wind mitigation information, closing date, and lender requirements.
What does this mean for a Northeast Florida buyer?
Northeast Florida insurance planning depends on the property's county, distance from water, flood information, roof and opening protection, wind-mitigation features, replacement cost, and carrier appetite at the time of completion. New construction can offer favorable features, but no regional shortcut replaces a property-specific quote.
Primary sources
Where can you verify the framework?
- Closing Disclosure explainerConsumer Financial Protection Bureau · Accessed August 13, 2026